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24988 S Ellsworth Rd
Queen Creek, AZ 85142
Take 5 Oil | 15-Year Ground Lease · Retail Property For Sale
Investment Highlights
- Below market rent, creating secured cash flow and long-term upside
- 15-year absolute NNN corporate guarantee ground lease; landlord has ZERO responsibilities
- New construction; freestanding building with drive-thru bays
- Average household income is over $165,000 within a 1-mile radius
- Strong 10% rent increases every 5 years through the primary term and three five-year option periods
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,405 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.90 AC
Frontage
106’ on South Ellsworth Road
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 314-02-913 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $109,682 |
Property Taxes
Parcel Number
314-02-913
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$109,682
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